News

Aid to farmers: “the great global gap”

United States
Innovation & Technology
Published Feb 27, 2024

Tridge summary

A study by Farm reveals significant disparities in public aid for agricultural workers worldwide, with the highest in the United States at $45,700 per worker, compared to $11,600 in the European Union and significantly lower amounts in China, Ethiopia, and Ghana. The aid includes subsidies, purchase of fertilizer, food vouchers, and services for agricultural sector development. North America and Europe, the top agricultural exporters, spend the most on aid, accounting for 25% and 22% of the value of agricultural production respectively. The study also highlights a shift in support mechanisms, with export restrictions, health regulations, and taxes decreasing in rich countries but increasing in middle-income countries. In Africa, governments tend to favor consumers over producers, leading to a negative gap between producer and border prices.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Public aid reaches $45,700 per agricultural worker in the United States, $11,600 in the European Union, $580 in China, $105 in Ethiopia and $17 in Ghana, according to an observatory set up by this think tank dedicated to agricultural issues. This aid covers direct aid to producers such as subsidies per hectare or the purchase of fertilizer, aid to consumers such as food vouchers and collective services for the development of the agricultural sector. Over the 2019/21 period, they are on average twice as high in high-income countries as in middle-income countries. North America and Europe, the two leading regions exporting agricultural products, are also those that spend the most, with aid representing 25% and 22% of the value of agricultural production respectively, according to Farm. Only India has a similar ratio (24%). To carry out these calculations, Farm “aggregated and harmonized different data sources”, such as those from the Organization for Economic Cooperation and ...
Source: TerreNet
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